Artificial Intelligence
Capgemini Press Release// Why energy and utilities companies need to act now to help save the planet, and view sustainability as an opportunity
Hi,
Please find below the press release issued today.
Best regards,
Florence Lièvre
Global PR Manager | Group Marketing & Communications
Capgemini Group | Paris
Tel.: +33 1 47 54 50 71
Email : [email protected]
_____________________
Press Contact:
Florence Lièvre
Tel.: +33 1 47 54 50 71
Email: [email protected]
Why energy and utilities companies need to act now to help save the planet, and view sustainability as an opportunity
With energy use contributing to 73% of all emissions globally, energy and utilities companies are the key players in the climate change issue
- Almost two-thirds (64%) of organizations say also that they have generated a revenue increase from sustainable operations and offers, with more than half of organizations investing in at least six clean sources of revenue.
- However, 37% have slowed or suspended sustainability investments and initiatives due to COVID-19.
Paris, October 5, 2020 – Energy and utilities companies with advanced sustainability1 initiatives earn more revenue, improve brand and company valuations, and are perceived positively by investors, regulators and clients, according to a new report from the Capgemini Research Institute, “Powering Sustainability: Why energy and utility companies need to act now and help save the planet”. The report also found that the sector is diversifying into clean sources of revenue, however energy-related greenhouse gas (GHG) is currently contributing 73% of all emissions globally2, and more needs to be done for companies to become sustainable to also help the whole economy to mitigate the climate risk.
With the Green packages (European Green Deal for instance) and other carbon related regulatory deadlines looming, failure to act is becoming expensive. In the face of this, large organizations are leading the way towards sustainability, declaring clear and ambitious goals for reducing or eliminating carbon from their company’s value chain, with European major Utilities showing the way. Capgemini surveyed 600 senior industry executives across 300 organizations and found that energy and utilities companies are moving from viewing sustainability as a threat to seeing it as a ‘raison d’être’ as well as an opportunity, and are moving fast securing a “license to operate3” to playing a critical role in transitioning to clean energy.
With sustainability at the core of operations, close to two-thirds (64%) of organizations say that they have generated a revenue increase from sustainable operations, with more than half of organizations investing in at least six clean sources of revenue, including green hydrogen (59%). Other benefits of these sustainable investments include enhanced brand value through to positive environment, social, and governance (ESG) perception.
Barriers to progress remain
Despite this progress, energy and utilities organizations still struggle to convert intention into reality. While 57% said they had a mature approach – meaning sustainability initiatives deployed widely throughout the organization and to the benefit of their clients in terms of environmental responsibility. This relatively strong maturity does not reflect in other areas.
When it comes to reducing emissions, the report reveals that less than half of organizations (42%) have mature practices in place for reducing Scope 1 emissions4, and only 3% having mature practices for tackling Scope 35 emissions.
The ongoing COVID-19 crisis represents another challenge. While overall the pandemic has caused the global decline of CO2 emissions (of 2.4 Gt) at the fastest rate since 2010, they need to decline another 60% to ensure that, by 2050, temperature rises are kept below 1.5 to 2°C of pre-industrial levels. As a result of COVID-19, 37% of survey participants said they have slowed the pace of sustainability investments considerably.
Within the context of the Paris Agreement to limit global warming, the report found that just 6% of energy and utilities organizations are currently on track to meet these targets. And three in five organizations say that they will either be unable to meet or are unsure whether they will meet the Paris Agreement targets.
“While progress has been made in the sector, it is clear that energy and utilities organizations need to do more to curb the harmful impacts of climate change and accelerate their sustainability programs,” said Philippe Vié, Global Head of the Energy and Utilities sector at Capgemini, “Setting an ambitious strategy and vision is one thing – but delivering against it is a major challenge, notably on emissions – scope 3. To prepare for the future, organizations need to recognize that for true impact and change, they must upgrade their models to meet the demands of a sustainable world and seize the full potential of technologies to deliver on ambitious targets.”
The report highlights a series of key recommendations for energy and utilities organizations to prepare for a sustainable future. Organizations need to begin by radically transforming their business models by progressively curtailing capital investments in fossil-fuel businesses for growth, creating a roadmap to phase out existing emissions-intensive assets, and diverting capital into renewables and low-emissions operations. They also need to maximize the use of and investment in renewables, use technology to accelerate the sustainability journey, offer low emissions/clean energy solutions to customers to reduce Scope 3 emissions and scale social inclusion and economic sustainability efforts.
In reaching ambitious sustainability goals, technology has proven useful: a combination of deep and digital technologies like IoT, automation, data analytics, hydrogen and storage technologies, electrification of uses – as well as Artificial Intelligence/Machine Learning – are the top-ranked technologies that energy and utility companies are investing in. More than half (55%) of companies have collaborated with established technology firms to bring new ideas and practices to their sustainability agenda. Yet despite these potential benefits, the extent to which global organizations have achieved scale with tech-related use cases is low.
Philippe Vié concludes: “In the ‘decade of delivery’, aiming low is a mistake, given the huge transformation required to meet the Paris Agreement targets, and the EU player mandate on Energy Transition. For energy and utilities organizations, the message is simple: the scale of the challenge is huge and continues to grow further. Companies that do not act with urgency face loss of revenue, alienated investors, and heightened risk of losing their social license to operate. Incumbents need to take bold steps now: setting out a clear path to sustainability, with well-defined goals and determined action. The cost of inaction is huge, while the right steps can future-proof companies’ business models for decades.”
To read a full copy of the report and its recommendations, click here.
Research methodology
Capgemini conducted a survey of 600 executives across 300 organizations in 17 countries/regions. Each organization was represented by one sustainability executive and one business executive in the energy and utilities sector: Countries/regions included: US, Canada, UK, Nordics (Denmark, Finland, Iceland, Norway, Sweden), France, Germany, Netherlands, Italy, Spain, Australia, India, China, Brazil. Capgemini also conducted 10 interviews with sustainability and industry experts to understand their approach towards sustainability, its benefits, challenges, and leading practices.
About Capgemini
Capgemini is a global leader in consulting, digital transformation, technology and engineering services. The Group is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. Building on its strong 50-year+ heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Capgemini is driven by the conviction that the business value of technology comes from and through people. Today, it is a multicultural company of 270,000 team members in almost 50 countries. With Altran, the Group reported 2019 combined revenues of €17billion. Visit us at www.capgemini.com. People matter, results count.
About the Capgemini Research Institute
The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was recently ranked #1 in the world for the quality of its research by independent analysts.
Visit us at https://www.capgemini.com/researchinstitute
1 The United Nations definition of sustainable development strives to strike a balance between the present and the future: “Sustainable development meets the needs of the present without compromising the ability of future generations to meet their own needs
2 Climate Watch, “Historical GHG emissions” https://www.climatewatchdata.org/ghg-emissions?end_year=2016&start_year=1990
accessed 23 September 2020
3 Grant of permission to undertake a trade or carry out a business activity, subject to regulation or supervision by the licensing authority.
4 Scope 1 greenhouse gas emissions are direct emissions released to the atmosphere from owned or controlled sources. Production of electricity by burning coal is an example of scope 1 emission.
5 Scope 3 emissions are indirect greenhouse gas emissions other than scope 2 emissions that are generated in the wider economy. They occur as a result of the activities of an entity, but from sources not owned or controlled by that entity’s business. Some examples are extraction and production of purchased materials, transportation of purchased fuels, use of sold products and services. Scope 3 also includes emissions associated with contracted solid waste disposal and wastewater treatment. Some Scope 3 emissions can also result from transportation and distribution (T&D) losses associated with purchased electricity.
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Artificial Intelligence
University medical centers in Germany choose Sectra’s radiology solution to streamline workflows and shorten lead times for patients
LINKÖPING, Sweden, April 23, 2024 /PRNewswire/ — International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has signed two contracts to provide the radiology module of its enterprise imaging solution with two university medical centers in Germany—Universitätsklinikum Tübingen and Universitätsmedizin Göttingen. By implementing Sectra’s radiology solution, the hospitals aim to improve and streamline radiology workflows with Sectra’s tools for enhanced reporting efficiency, in turn speeding up diagnostics.
“When choosing a vendor, we wanted one that could provide us with a stable and fast system. We also wanted one facilitating collaboration among our radiologists. That way we can streamline our radiology workflows and in turn shorten lead times for patients as well as reduce the ever increasing workload for radiologists,” says Dr. Babak Panahi, Managing Senior Physician and Head of CT and CT Intervention, Universitätsmedizin Göttingen.
Universitätsmedizin Göttingen and Universitätsklinikum Tübingen are two university medical centers located in the cities of Göttingen and Tübingen in Germany managing 300,000 and 600,000 radiology exams a year. The two separate contracts for Sectra’s radiology solution were both signed during the third quarter of Sectra’s 2023/2024 fiscal year.
“Radiologists are under a lot of pressure as they are challenged to handle more images and more complex cases with less resources. Having a solution designed to streamline radiology workflows, facilitating reading and reporting of images, is therefore paramount. I am happy and excited to support Universitätsmedizin Göttingen and Universitätsklinikum Tübingen on their journey towards efficient radiology diagnostics,” says Guido Bötticher, Managing Director, Sectra DACH.
The radiology module is part of Sectra’s enterprise imaging solution that provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in ‘Best in KLAS’.
About SectraSectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2022/2023 fiscal year totaled SEK 2,351 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.
For further information, please contact: Dr. Torbjörn Kronander, CEO and President Sectra AB, 46 (0) 705 23 52 27Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, 46 (0)708 23 56 10
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/sectra/r/university-medical-centers-in-germany-choose-sectra-s-radiology-solution-to-streamline-workflows-and,c3965089
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Sectra’s radiology solution
View original content:https://www.prnewswire.co.uk/news-releases/university-medical-centers-in-germany-choose-sectras-radiology-solution-to-streamline-workflows-and-shorten-lead-times-for-patients-302124211.html
Artificial Intelligence
New CPS Protection Platform: TXOne Networks Unveils SageOne at GISec Global
TAIPEI, April 23, 2024 /PRNewswire/ — TXOne Networks, a frontrunner in the realm of cyber-physical systems (CPS) security, is set to unveil its groundbreaking CPS security platform, SageOne, at the highly anticipated GISec Global from April 23rd to 25th, 2024. Attendees can find TXOne Networks showcasing SageOne at stand B99 in hall 5. This innovative platform consolidates all CPS security products onto a single, central management platform, promising streamlined operations and optimized threat detection capabilities.
SageOne, aptly named “Wise Man Number One,” serves as a comprehensive management console providing a holistic view of the CPS attack surface within operational technology (OT) environments. By enabling centralized control of TXOne’s three core product lines – Stellar for endpoint protection, Element for security inspection, and Edge for network defense – SageOne facilitates integrated OT security throughout the lifecycle of protected assets, ensuring robust threat detection and response mechanisms.
Key features of SageOne include:
CPS Attack Surface Management: Prioritizing operational security by offering clear visibility into the overall security posture of OT environments, SageOne identifies security focal points, illuminating asset information and security controls.Integrated Lifecycle Protection: Through centralized management, SageOne simplifies cybersecurity governance and fosters collaborative defense. It serves as an abstraction layer, facilitating contextualization and consolidation of data across multiple products, offering tailored, task-oriented consoles for executives, security personnel, and plant leaders.CPS Threat Detection & Response: SageOne aggregates security insights from various solutions to scout for potential risks, enabling early caution and response to both known and unknown threats.SageOne’s foundation rests upon advanced components, including Threat Intelligence, Behavior-Based AI Analytics Engines, Compliance Framework, Data Visualizer, and Ecosystem Integrator, ensuring comprehensive protection and seamless integration of different tools and technologies.
With its focus on analyzing unexpected behavior and unknown threats, SageOne enables the identification of suspicious events through cross-telemetry analysis within the OT-native XDR engine. This amalgamation of advanced technologies and user-friendly interface ensures the protection of critical infrastructures.
For rapid threat response, SageOne issues early warnings of suspicious behavior and orchestrates cross-telemetry analysis for CPS Threat Detection & Response. Integrated Lifecycle Protection ensures the security of devices and systems throughout their service life, contributing to great cost efficiency.
TXOne Networks reaffirms its commitment to CPS security and continuous advancement in OT security through SageOne. Visit TXOne Networks at the GISec Global from April 23rd to 25th, 2024, at stand B99 in hall 5.
For further updates and information, follow TXOne Networks on the blog, Twitter, and LinkedIn.
About TXOne Networks:
TXOne Networks provides OT security products ensuring reliability and security in industrial control systems and operational technology environments through the OT Zero Trust methodology. Collaborating with leading industrial manufacturers and critical infrastructure operators, TXOne Networks offers practical and business-friendly approaches to OT defense. Its network and endpoint-based products secure OT networks and mission-critical devices in real-time with high security depth.
Website: www.txone.com
Photo – https://mma.prnewswire.com/media/2389611/SageOne_header_3.jpg
View original content:https://www.prnewswire.co.uk/news-releases/new-cps-protection-platform-txone-networks-unveils-sageone-at-gisec-global-302119386.html
Artificial Intelligence
Imparta Launches World’s First Sales Methodology-Aware AI
LONDON, April 23, 2024 /PRNewswire/ — Imparta Ltd, a global leader in performance improvement for customer-facing teams, has announced the release of i-Coach AI, the world’s first sales methodology-aware AI.
Over the past 18 months, AI has reshaped many industries and professions, with sales being no exception. Yet, generic LLMs such as ChatGPT are poor at coaching, and at selling. Even data-driven AI insights are only as good as the qualitative frameworks that underpin their observations.
i-Coach AI is the first expert Sales AI Coach that follows a proven, structured coaching process, and is fluent in all aspects of sales, account management, negotiation, customer success, commercial and business acumen, sales management and sales leadership. It is powered by Imparta’s award-winning, research-based Agile 3D methodology and complete, modular skills library.
Richard Barkey, Founder and CEO of Imparta, said “GenAI is one of the few truly transformative technologies in our lifetimes, and one that no sales organisation can ignore. We are genuinely excited to introduce i-Coach AI, an enterprise-grade coaching tool for salespeople, managers and leaders. I’m not exaggerating when I say that I’m using i-Coach AI myself, to think through strategies around specific clients, and indeed for the whole business. This tool is designed to integrate seamlessly across various sales ecosystems and tech stacks, and provides targeted, IP-aware coaching and practice simulations of customer conversations, at multiple points of need.”
As part of the launch, Imparta will host a webinar on April 23rd and May 2nd, hosted by Richard Barkey, titled ‘Leveraging Sales Methodology-Aware AI at Scale in the Enterprise’. Click here to learn more.
During this webinar, Richard will announce details of i-Coach AI and Imparta’s upcoming course for sales teams: Leveraging AI for Sales. He will also set out a range of essential use cases that we are rolling out across Imparta’s agile sales ecosystem and across the tech stack.
About Imparta
Imparta is a global leader in performance improvement for Sales, CX and Leadership. Our modular ecosystem includes three elements, developed through 25 years of research and experience with leading global organisations: Agile Sales Methodology, Agile Change Process and AI Sales Technology.
Whether you need to plug a gap in your existing training, provide self-paced learning, or build an entire Sales, CX or Leadership Academy, get in touch at [email protected].
Website: www.imparta.com
Photo: https://mma.prnewswire.com/media/2392278/i_Coach_Imparta_Ltd.jpg
Contact details: Adam [email protected] Tel: +44 (0) 20 7610 8800
View original content:https://www.prnewswire.co.uk/news-releases/imparta-launches-worlds-first-sales-methodology-aware-ai-302123771.html
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